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Lorem Ipsum Example, Process Automation Using XBRL

I created a prototype that many people might find rather goofy.  But, I created this Lorem Ipsum example using RAW XBRL and INLINE XBRL and described it in the document Process Automation Using XBRL for three specific reasons: (and here is a human-readable version of the validation results, all of this is a work in progress currently)

  1. Many people misinterpret XBRL believing that it is ONLY for representing financial information.  XBRL is actually domain agnostic and you can represent financial or non-financial information.
  2. Many people are still having philosophical debates as to how to best represent information and project biases about the best approach to use for specific information being represented based on what information they are representing. Another approach is to use approaches that are proven to work.
  3. Many people are over-focused on Inline XBRL, not recognizing that it is actually additional work.  I am showing that you can auto-generate Inline XBRL using raw XBRL.

What I am doing is simply taking this example and renaming the report elements to Lorem Ipsum text.  I have not changed all the XBRL Formula files yet.  I will leave it at this for the time being; I have additional work to do but this serves my current needs.

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This ZIP file has this example with five sets of dummy labels for different languages.

Posted on Wednesday, May 16, 2018 at 05:38PM by Registered CommenterCharlie | CommentsPost a Comment

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